CRYPTO TECH

The increase in smart contracts suggests "healthy developer activity and growth," indicating "a surging interest in decentralized protocols."

The CFTC and the SEC are investigating whether the hedge fund engaged in illicit activities like misleading its investors about its real financial condition and not registering with agencies, a report said.

It is interesting to note that Japanese authorities, in a joint statement, named the group even before the actual arrest had not yet taken place.

The guesting will mark Do Kwon's second appearance since the spectacular of the Terra ecosystem.

Burning is also a known measure used to counter inflation.

They were arrested Wednesday for allegedly stealing $2.5 million worth of Bored Ape Yacht Collection (BAYC) NFT.

Crypto.com mistakenly sent the funds to the woman in May 2021 but discovered the blunder in December.

In his 2018 controversial speech, Hinman declared Ethereum as a non-security.

The Terra ClassicUSD (USDC) depegged from the dollar in May.

The biggest chunk of the burning activity was contributed by Binance's burning mechanism.

Another crypto influencer alleged that Armstrong is a "shady dirtbag who milks his audience for a quick buck rather than giving them genuine advice."

"You had loads of time to do a simple USDC airdrop. Why didn't you," Terra and finance researcher FatManTerra questioned Luna Foundation Guard.

"I am only trying to build a structure we can all use, and it's proven to be tricky, difficult, taxing, and dangerous," Kusama said.

Kusama said they will make a complete player's guide, and if the app would permit it, the guide would be a "flipbook."

"In many cases, the movement of funds between accounts are not 'withdrawals' from the platform; they simply reflect the shifting of funds between Mr. Goldstein's accounts on the platform," Celsius's lawyers said.

"The principles of issue handling are simple & important: fast, transparent & responsible," Binance's CEO CZ said in a tweet.

In January, Kusama described "Shiba Eternity'' (still unnamed at the time) as the community's "incredible first version of the Shiboshi game."

"Let's give the devs time to fully understand the root cause, implement the fixes, test them thoroughly, and then resume," Binance's CZ said.

After reaching the peak price, BONE's price plummeted, and with bulls unable to sustain beyond the $1.63 mark when September ended, it led to further price decline.

In reality, the Terra Classic revival plan, including the burn initiative, remains on track regardless of Kwon's involvement since the community has taken the matter into its hands.

Many in the community have questioned the idea of minting and shouldering the cost of creating a new stablecoin.

Gucci started accepting SHIB as payment in its five stores located in the U.S. in May and plans to follow the initiative in all its stores in North America this summer.

With the public beta testnet most likely just a few days or weeks away, the Shib Army should anticipate that announcement on the launch of documentation could happen anytime now.

"I wasn't in the 'jail Do Kwon' camp before this, but if this is true, he totally deserves some jail time," FatManTerra said.

Kusama announced that aside from a chunk of "Shiba Eternity" profits allocated to support projects on Shibarium, another percentage would be dedicated to helping non-profits across the world.

"Shiba Eternity" is now available in Vietnam and Australia for testing while the game is scheduled to go live this week.

"We hope to stay competitive in the gaming space and while we are up against large games like Hearthstone, we need to keep some trade secrets to win this war," Kusama said.

While it may look like a massive burn since billions of tokens were destroyed, its value is just a meager 0.09% of its market capitalization.

Terra's spectacular collapse is an instructive "story" that underscores "to some extent," that decentralization is not an elixir that "by itself" could "solve every problem," Buterin said.